Food price shocks could trigger unrest in Africa, says report
Skyrocketing inflation and rising unemployment a volatile cocktail
15 May 2022 - 07:08
Surging international food prices will hit Africa’s economies the hardest and may trigger social unrest if governments fail to cushion the blow, according to a report by Oxford Economics Africa.
Food has a heavier weighting in the inflation baskets of African countries than advanced economies — often exceeding 25% due to purchasing patterns...
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